About Pip My System

Dude! So you've read just about everything you could possibly get your hands on about the Forex. Now you want to get your feet wet but aren't sure where to start. Well then this blog is for you! Follow along as I take a simple forex trading system and apply it to an unsimple market. If you're new to the blog you should read this first.

On H4 time frame you mention that current trend is down. Is it because of the candle below EMA?I have another opinion for this H4 TF. Since that candle is green and EMA 5 heading north, both stochastic and RSI pointing upward, so I may consider to looking at LONG position as long as there is a green candle closed above EMA 10 or EMA 5 crossover EMA 10 at H4 TF. Or I may take SHORT opportunity if that candle fail to cross EMA 10 and bouncing down.I think that why you stopped out is because you against main trend. How do you think?